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SRED Unlimited SR&ED Blog

Ontario Eyes CA$600 Million Cannabis Windfall

Cannabis Funding Canada NewsBy Natalie SchnellbackApril 12, 2024

Ontario’s provincial government is allocating a record budget of over $600 million for the next fiscal year, derived from cannabis wholesale profits and its share of the federal excise tax. This substantial revenue presents an opportunity for the province to invest in innovation and the SR&ED program, furthering the growth of the cutting-edge cannabis industry.…

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